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The Dubai International Financial Centre has seen its number of asset and wealth managers grow to 440, an increase of more than 100 over the past two yearsPhoto: Bloomberg/Getty Images
BlackRock, Amundi and Natixis Investment Managers have seen assets under management in the Middle East swell to record levels, as interest in the region continues to grow among fund groups.
“We’re now at an all-time high for assets under management in the Middle East, across multiple affiliates,” Andrew Benton, head of northern Europe and Middle East and North Africa at Natixis Investment Managers, toldFinancial News.
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